Fix & Flip Loan Program

Fix & Flip Program


You were invited to our website to get Pre-Approved for our Fix & Flip Program. PhoneOps Fix & Flip Program is designed for the following types of properties:

Single Family

2 to 4 Units

(5-500+ Units)

AirBNB Units


Mix Use

Apartment Buildings

Hotel / Motel

And More…

If you are interested in rehabbing any of the property types above, then our program is great for you. 





This program has standard guidelines based on the following LTV.


90% LTV on Purchase Price – (This means you will put 10% down of the Sale’s Price plus closing cost)

Loan Amounts from
$50K to $25M

Loan Terms:
3mo to 2yr

4% to 12%

100% LTV
Rehab Cost


(Prepayment Penalty)

Up to 80% LTV
on Refinance


Up to 75%


4mo to 6mo

Close in:

Personal or LLC Name

New Investors
Are Welcome


Residential Units

Close as soon
as 3 days

Attention Experienced Real Estate Investors

If you can show at least 4 fix & flip deals (HUD1), you qualify for 100% LTV on purchase and 100% LTV on rehab cost at 75% ARV as long as you meet the following requirements:


* The property is either a  1 to 4 units

* The property is in one of the following states: FL, GA, LA, OH or TX

* The loan amount is $400k or under


If your property falls under the requirements above, you don’t have to put 10% down. 100% financing for you!!!


Questions & Answers:


Q: I want to apply for the Fix & Flip loan but after the work is done, I want to keep the property and rent it out. Should I still apply for the Fix & Flip program or the Landlord Program?

A: Yes, apply for the Fix & Flip program because you need funds for rehabbing. When the work is done, then apply for the Landlord Program to do a Refinance/Rate & Term.


Q: I currently have rental properties and I do all the work to them. Can I rehab my own Fix & Flip properties?

A: Only if you can show at least 3 rehabbed projects under your belt within the last 3 years.


Q: How does the ARV really works?

A: Once we receive your Renovations Proposal and you pay for the ARV Appraisal Report, that proposal is given to the Appraiser and once the report comes in, we’ll go off the ARV that’s on the Appraisal Report. Example: If the after repair value comes back at $900,000 and you are in the 65% bracket, your loan amount would be $585,000 and this includes the sale’s price of the property and the rehab cost.


Q: I have two properties I want to get. Can I get both at the same time or do I have to wait until one is completed?

A: For 1st time borrowers, you can Fix & Flip 2 projects at a time. For repeat borrowers, you can Fix & Flip 10+ projects at a time


Q: I would like to purchase a commercial lot. It has a laundromat in one of the buildings, a clothing store in the other building and the 3rd building is vacant. Would I qualify for the 90% LTV on the purchase and 100% for the rehab?

A: Since this is strictly commercial (no residential units), you wouldn’t qualify for the 90% LTV on the purchase but possibly for the rehab. The LTV will be based on your credit and experience.


Q: How much would my Closing Cost be?
A: It can range anywhere from $15,000 to $200,000+. It depends on the Loan Amount if you are paying a down payment. The Title Company would provide the accurate numbers.

Minimum Requirements:

* Must be able to show proof of down payment

* A Tri-Merge Credit Report fee of $57

A valid Driver’s License or State ID

* Must have a Checking Account

* Application Fee $295 WAIVED

* A Social Security number

Fix & Flip Program Online Application